False accounting


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False accounting

Illegally altering accounting records by making misleading entries or omitting material information for personal gain or to mask poor firm performance.
References in periodicals archive ?
The court heard that Mac-Shane incurred "genuine expenses" but chose to recoup them by dishonest false accounting rather than through legitimate claims.
Like several colleagues, he admitted that he had technically committed false accounting offences by making false declarations, because he was unable to explain the shortfalls highlighted by the Horizon system, but he insisted he had never taken any money.
You've pleaded guilty now to false accounting involving a six-figure sum and that's a serious matter involving a breach of trust.
MILAN: A trial for tax fraud and false accounting against Italy s Prime Minister Silvio Berlusconi will restart on Nov.
On Monday, after admitting 20 charges of fraud and false accounting, they were warned by the courts that their next port of call was likely to be a jail cell.
According to the complaint, the true facts, which were known to defendants based upon their access to and/or review of internal GMH corporate data during the Class Period, include: (a) that the Company lacked the requisite internal controls necessary to make its financial reporting accurate; (b) that the Company had no reasonable basis for its projections for fiscal 2004 and 2005 (as well as interim periods); (c) that the Company's financial results were the product of false accounting entries made to inflate the Company's results and stock price; and (d) that, as a result, the Company's reported financial results were misleading and in violation of Generally Accepted Accounting Principles ("GAAP").
A MAN appeared in court accused of theft and false accounting when he used to be treasurer of Valley Aviation Society in Anglesey.
A NORTHUMBERLAND woman charged with fraud and false accounting is to stand trial at crown court.
Former Bury Labour MP David Chaytor was jailed for 18 months earlier this month for false accounting.
David Chaytor pleaded guilty at the Old Bailey yesterday to three charges of false accounting amounting to more than pounds 18,000.
Summary: Lord Taylor of Warwick was accused of false accounting after he was questioned over the parliamentary expenses scandal.
The Tory peer - full name John David Beckett Taylor - has been summonsed to face six charges of false accounting.